Oregon Public Employees Retirement Fund Raises Stock Holdings in Airbnb, Inc. $ABNB

Oregon Public Employees Retirement Fund raised its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 31.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,006 shares of the company’s stock after purchasing an additional 11,761 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Airbnb were worth $5,950,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Kentucky Trust Co acquired a new stake in Airbnb in the 2nd quarter valued at $25,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Airbnb by 70.9% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock valued at $26,000 after purchasing an additional 83 shares in the last quarter. Concord Wealth Partners purchased a new position in Airbnb during the second quarter valued at $28,000. Whipplewood Advisors LLC grew its position in shares of Airbnb by 235.3% in the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock valued at $30,000 after purchasing an additional 160 shares during the period. Finally, Armstrong Advisory Group Inc. increased its stake in shares of Airbnb by 363.6% during the second quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares in the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ABNB. DA Davidson reaffirmed a “buy” rating and issued a $155.00 price target on shares of Airbnb in a research note on Friday, December 5th. Royal Bank Of Canada raised Airbnb from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $145.00 to $170.00 in a report on Wednesday, December 17th. BTIG Research restated a “neutral” rating on shares of Airbnb in a research report on Friday, November 7th. Jefferies Financial Group boosted their price target on Airbnb from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Finally, BNP Paribas started coverage on Airbnb in a research note on Monday, November 24th. They issued a “hold” rating for the company. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-two have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $146.92.

Insider Activity

In related news, CEO Brian Chesky sold 51,230 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $131.16, for a total value of $6,719,326.80. Following the completion of the sale, the chief executive officer owned 45,854 shares of the company’s stock, valued at approximately $6,014,210.64. This represents a 52.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Nathan Blecharczyk sold 141,063 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $121.96, for a total transaction of $17,204,043.48. Following the sale, the insider owned 11,520 shares of the company’s stock, valued at approximately $1,404,979.20. The trade was a 92.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 1,579,756 shares of company stock valued at $193,545,739. 27.91% of the stock is currently owned by insiders.

Airbnb Price Performance

ABNB stock opened at $139.27 on Friday. Airbnb, Inc. has a 1 year low of $99.88 and a 1 year high of $163.93. The firm has a market capitalization of $85.73 billion, a PE ratio of 33.08, a price-to-earnings-growth ratio of 2.16 and a beta of 1.09. The business has a 50 day simple moving average of $126.57 and a 200-day simple moving average of $127.67.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, November 6th. The company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). The company had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.08 billion. Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The business’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.13 EPS. On average, equities research analysts expect that Airbnb, Inc. will post 4.31 EPS for the current year.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Barclays upgraded ABNB, citing potential tailwinds from RNPL initiatives, a hotel push and demand boosts from the World Cup — a near-term revenue catalyst for bookings. RNPL, hotel push and World Cup to boost Airbnb, Barclays upgrades stock
• Positive Sentiment: Cantor Fitzgerald upgraded the stock, adding institutional support to the bullish narrative and helping lift near-term sentiment. Cantor Fitzgerald upgrades Airbnb (ABNB)
• Positive Sentiment: Several analyst write-ups and upgrades (coverage summarized by Benzinga and other outlets) show the street moving less bearish, which supports buying interest. Breaking Down Airbnb: 13 Analysts Share Their Views
• Neutral Sentiment: Market coverage notes ABNB is outpacing the broader market recently, reflecting momentum but not necessarily a change in fundamentals. That can attract momentum traders. Airbnb, Inc. (ABNB) Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: Tapasya Fund disclosed it sold ABNB in 2024 (fund-level decision). This appears to be reallocation rather than a fresh vote of no confidence, but it reduces one institutional holder. Tapasya Fund Sold Airbnb (ABNB) in 2024
• Negative Sentiment: Senior executives sold millions in company stock, which can be read as insider monetization and may spook some investors despite insider sales sometimes being routine. Airbnb’s (ABNB) Senior Executives Sell Millions Worth of Company Stock
• Negative Sentiment: Sanford C. Bernstein issued a pessimistic forecast for ABNB, highlighting downside risk and providing a counterweight to the upgrades; this keeps some investors cautious on valuation. Sanford C. Bernstein Issues Pessimistic Forecast for Airbnb (NASDAQ:ABNB) Stock Price

About Airbnb

Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.

Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.